Treasure Global signs MOU to buy 51% stake in smart water metering firm for USD 38 million
Bitget2026/09/28 13:45Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Treasure Global signed a non-binding MOU to buy a 51% controlling stake in smart water metering provider Mestiz Century Logic.
- Proposed purchase price is USD 38 million in cash, with a 120-day exclusivity period for due diligence and negotiations.
- Mestiz Century Logic sells cloud-based, IoT smart meters and AI-enabled water management software for real-time monitoring and predictive maintenance.
- Completion depends on a definitive agreement, due diligence, regulatory clearances, and board approvals.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Treasure Global Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609280945PRIMZONEFULLFEED9834935) on September 28, 2026, and is solely responsible for the information contained therein.
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